What is an endowment?

An endowment fund, quite simply, is money set aside (invested) to earn revenue to fund some type of charitable activity. Unlike a typical investment fund, the beneficiary of an endowment fund is a nonprofit organization instead of individual investors.

The principal value of the endowment fund is kept intact, while the investment earnings can be distributable dollars used for charitable grants to nonprofits. Thus, an endowment fund can be held permanently, allowing donors to support causes they care about in perpetuity.

James E West Fellowship

 

A gift to the Blue Mountain Council, designated by the donor to the council endowment fund, qualifies for membership as a James E. West fellow.  The gift must be in addition to— and not replace or diminish—the donor’s annual Friends of Scouting support.  A minimum gift of $1000 in cash or marketable securities qualifies for the Bronze level membership. Donors may make cumulative gifts to reach Silver, Gold, and Diamond member levels.  For example, 5 years of giving at the Bronze level would qualify for Silver level membership.  Many individuals and corporations make these gifts either on behalf of someone else—such as in honor of an Eagle Scout, Silver Beaver recipient, a retirement, a special accomplishment, or anniversary—or in memory of a special individual. 

Note: To avoid additional transaction fees, you have the option of making your donation in-person at the council office by check or money order. Please contact Jay Scott or Brett Bybee at BMCInfo@scouting.org or by phone 509.735.7306.

Blue Mountain Council
8478 W Gage Blvd
Kennewick, WA 99336

Make an Endowment Contribution